Ask yourself one question. If you could settle your debts for roughly half of what you owe, would a Chapter 13 bankruptcy still make sense?

The possible silver lining with finding out a Chapter 13 is your only bankruptcy option is that you may have access to funds that may allow you to settle your debts quickly. And, if you do, you may be able to produce an end result that could be much more favorable than a Chapter 13 bankruptcy.

Settling Right Away

Between my time in collections and debt settlement, I have helped thousands of people figure out ways to settle their debts quickly. And most of them were not aware of their ability to do so.

So please, do not blindly dismiss your ability to settle your debts right away.

I offer free consultations where I breakdown your finances to determine your ability. The worst case scenario is you do not have a way and I educate you about your other more safe and reliable debt relief options.

Approximately 2 years

You will generally regain new unsecured credit within 24 months of completing my service – provided that I resolve all of your delinquent accounts. Based on my averages, 2 years and 3 months.

Providing that you do not have any lates on your mortgage history, you should also generally qualify (credit-wise) for a conventional mortgage after 24 months. And if you wanted to buy or refinance via FHA, you should generally qualify (credit-wise) after 12 months.

Known

Since I only take on clients who can settle their debts right away, I am able to offer you a level of protection that no long-term debt settlement program can offer.

Since I negotiate all of your enrolled accounts at the same time, with the goal of settling them at the same time, I am able to give you the option of knowing exactly what each and every creditor will settle for, before paying your settlements.

10-15% of savings

I charge 15% of what I save you if your total enrolled debt is less than $150,000.

I charge 12% of what I save you if your total enrolled debt is between $150,000 and $299,999.

I charge 10% of what I save you if your total enrolled debt is $300,000 or more.

HIGH

From 1/1/12-6/15/17, 96.97% of all enrolled accounts have been settled or entered into a payment plan.

There is a right and wrong way to perform debt settlement…

When considering debt settlement vs Chapter 13 bankruptcy it is important you understand that there are two ways to execute debt settlement. One way is the long-term method (generally over 24-48 months) which puts you in an adversarial situation with your creditors over a long period of time, stunts your ability to rehabilitate and recover, greatly increases your chances of being sued, exposes you to potentially years worth of interest, and according to our Federal government has less than a 10% completion rate (page 2, paragraph 1).

There is a decent chance that if Chapter 13 bankruptcy is your only bankruptcy option that you may have an asset that you could liquidate to settle your debts right away. Since you’ll generally settle your credit card debts in a matter of months with my approach, you will minimize the adversarial nature of debt settlement, rehabilitate and recover much more quickly, minimize your exposure to lawsuits, minimize your exposure to interest, and you’ll benefit from the high probability of success.

My Chapter 13 alternative

First I review your income and expense situation to determine how much you need to lower your monthly expenses in order to create a comfortable, affordable situation going forward.

Then I review how much of your expenses are associated with unsecured debts and determine if you have the ability to settle those debts right away in order to lower your monthly expenses to a comfortably affordable level.

If you do, you will have the option to enter into contract with us to have me help you negotiate your enrolled accounts all at once.

The only fee I charge is based off your success: 10-15% of what I save you.

You will have the option to not spend any money until you know what all of your enrolled debts will settle for and if the outcome solves your problem.

If you don’t like the result and decide not to settle any of your debts, you will not be charged.

Please feel free to contact me with any questions or for a free consultation.

Read this testimonial from a previous client to gain a better understanding of the service I offer…

I am writing this letter to express my most sincere appreciation for the services you recently provided me regarding the settlement of my credit card accounts.

As you are well aware, prior to meeting you, I couldn’t meet the minimum payments on each of my nine credit accounts, and my creditors were relentlessly pursuing me via telephone, mail, and by filing civil complaints against me in both District and County court. I was emotionally and financially devastated, and felt bankruptcy was my only option. I was in a world of seclusion, as I avoided all phone calls at both work and home, continually screening them to avoid speaking to the collectors, knowing I didn’t have anything left to offer them.

You lifted the world off my shoulders by doing what seemed impossible, negotiating a reasonable settlement simultaneously with each of my nine creditors.

As you know, my financial avalanche started when I lost over $60,000 by falling victim to an investment fraud scheme, with no hope of recovering any of my losses. I had obtained most of the money that I had invested by withdrawing large cash sums from my multiple credit card accounts. Prior to this, I had made all of my credit card payments on time and with no problems, as I had a perfect credit score, and was able to get large amounts of cash without a problem, all at relatively low introductory interest rates.

It soon became apparent that I was in trouble when my investment dividends dried up, and I was left to pay my large credit balances personally. Unfortunately, I soon began relying on cash withdrawals from other credit accounts to make payments on my delinquent accounts. I began to fall into a death-spiral of ever increasing debt load, late fees, over-limit fees, and incrementally increasing interest rates. After about a year and a half, my $60,000 debt load had mushroomed to over $93,000 dollars, and I began seeking bankruptcy advice from two different attorneys.

Both attorneys advised me that bankruptcy was the best option to resolve my debt issues and that settling with my creditors would be extremely difficult due to the large number of creditors and problems with getting them all to simultaneously agree on a settlement. I wanted to avoid bankruptcy if at all possible and was desperately seeking other options to no avail, until I met you.

My financial destiny changed that day, as you offered me hope that a resolution with my creditors could be found, a path that my attorneys said was not practical or even possible. The settlement agreement you obtained for me allowed me to resolve my debt issues for approximately $30,000 (less than 1/3 the amount due) and avoid bankruptcy, a win-win deal for both myself and my creditors. I thank you again for making such a positive contribution to my life.

I invite you to give copies of this letter to others who may be in desperate need of financial assistance. If I can be of any assistance to you or your clients, please give me a call.

Sincerely,

Richard

The testimonial is an example of past performance and is not intended to be a guarantee of any future settlement results.

I was formerly one of the most successful debt collectors in the country. And don’t worry, I wasn’t one of those huffy-puffy types. I also held positions of Collection Manager, Corporate Trainer, and Director of Collection Operations. I’ve worked for large third-party collection agencies, collection attorneys and large debt buyers. (full bio)

I’ve dedicated my website towards truly explaining how debt settlement really works and to dispel the myths revolving around credit and debt.

I was formerly one of the most successful debt collectors in the country. And don't worry, I wasn't one of those huffy-puffy types. I also held positions of Collection Manager, Corporate Trainer, and Director of Collection Operations. I’ve worked for large third-party collection agencies, collection attorneys and large debt buyers. (full bio)

I've dedicated my website towards truly explaining how debt settlement really works and to dispel the myths revolving around credit and debt. ...

Disclosure: I may be financially compensated by any of the entities that I recommend on this website.

All recommendations are provided purely based on who I feel the most comfortable with for the particular scenario.

If you are considering getting help with your debt, please take the time to educate yourself by reading these featured articles:

We’re the only debt settlement company he has EVER allowed on his referral list.

Tom Martino has been fighting for consumers for more than 30 years utilizing Radio, TV, Newspapers, Magazines, and the Internet. Tom can be heard weekday mornings on the radio from 9 to noon on Denver’s popular AM talk station 630-KHOW. Each show is filled with calls from people needing consumer help, information, and advice.

Debt Relief Á la carte is not a credit repair company. We do not provide legal, tax, or investment advice. If you need legal advice, legal expertise, or court filings, you must seek the advice of a licensed attorney. Estimates are based on your collectabilty, our past experience, and settlement performance trends. Individual results may vary. The claims made are examples of past performance and are not intended to be a guarantee of any future settlement results. We do not provide debt settlement services in all states. We use reasonable care to ensure that the information appearing on this website is up to date and accurate. While we take precautions to prevent the occurrence of errors and omissions, the users of this website should not take the accuracy of the information for granted but should seek individual professional advice that is relevant to their particular situation and needs.